JPMorgan Chase CEO Jamie Dimon to sell company stock for first time

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

JPMorgan CEO Jamie Dimon plans to sell a portion of his family’s holdings in the bank for the first time, offloading 1 million of the 8.6 million shares, according to an SEC filing.

JPMorgan Chase chairman and CEO Jamie Dimon will soon sell some of his family’s holdings in the bank for the first time, offloading 1 million of the total 8.6 million shares for "financial diversification and tax-planning purposes," according to a regulatory filing. The sale will give Dimon nearly $141 million, while representing less than 10% of his overall stake, worth roughly $1.07 billion.

Dimon has an estimated net worth of $1.7 billion, according to Forbes, while JPMorgan Chase’s market capitalization tops out at $394 billion, per Thomson Reuters. On Tuesday, Dimon made news by warning against relying on the economic forecasts of central banks like the Federal Reserve, calling their projections "100% dead wrong." The Fed will decide next week on another potential round of interest rate hikes after pausing them for the second time of 2023 in September.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 458. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें